GSIS Pensioners To Receive P10,000 Cash Gifts Or More Starting Dec. 1

15 Nov GSIS Pensioners To Receive P10,000 Cash Gifts Or More Starting Dec. 1

Mga higala! Government Service Insurance System (GSIS) pensioners will receive cash gifts worth at least P10,000 starting December 1, 2021!

The GSIS has allocated P3.2 billion for this.

According to a recently released resolution, below are the qualified individuals and the amount of cash gift that they will receive:

• Pensioners who received a cash gift of above P10,000 in 2020 will receive 1-month worth of pension (not exceeding 12,600).
• Pensioners who got below P10,000 last year will get a maximum of P10,000 this year.
• Meanwhile, pensioners who availed 5 years worth of their pension upon retirement (if the 5-year period lapsed in December 2020) will receive a maximum cash gift of P10,000.

However, below are those who are not entitled to the said cash gifts:

• Basic survivorship & dependent pensioners
• Recent retirees (between 2017 and 2021) who availed of the immediate life pension (18 times the basic monthly salary)
• GSIS pensioners on suspended status (reactivate or revalidate your status now)

For more details, read:

GSIS pensioners to get cash gifts starting Dec. 1